Browsing Tag
auditors
NFRA bans Coffee Day auditors, slaps penalty – Times of India
NEW DELHI: The National Financial Reporting Authority (NFRA) has taken stern action against two auditors and the audit firm of Coffee Day Globalfor "professional misconduct" and failure to report irregularities in the company's books in…
Auditors Should Follow Due Process; Auditing is Not Just ‘ticking’ Exercise: NFRA Chief…
NFRA has around 7,000 companies, including unlisted ones, under its purview.Nobody can guarantee that you can always find a fraud but if you have followed the process, then there are good chances, says NFRA Chairperson Ajay Bhushan Prasad…
Auditors say Macron govt must rein in ‘inappropriate’ hiring of consultancies after…
France's government must further rein in sometimes "inappropriate" hiring of consultancies, the country's Court of Auditors said Monday, responding to public outcry over an issue that hobbled President Emmanuel Macron's…
Nfra: ‘Auditors need to report frauds’ – Times of India
NEW DELHI: National Financial Reporting Authority (NFRA), which is the regulator for auditors and audit firmsfor listed and large unlisted companies, on Monday issued a circular stating that auditors need to report frauds and they will not…
India’s Byju’s denies three board members quitting; Deloitte resigns as auditors: Reports
A report by Reuters citing three sources familiar with the matter, on Thursday (June 22) said that three board members of the Indian edtech company Byju’s have quit. Additionally, multiple media reports have also said that Deloitte has…
ED searches 2 former IL&FS auditors in connection with money-laundering case
The ED carried out searches against two former auditor firms of IL&FS -- BSR and Associates and Deloitte Haskins and Sells -- on Wednesday in connection with its money-laundering probe into alleged financial irregularities at the…
IL&FS fraud case: Supreme Court allows SFIO to prosecute auditors
The Supreme Court on Wednesday allowed the Serious Fraud Investigation Office (SFIO) to resume criminal proceedings against former auditors of IL&FS Financial Services - BSR & Associates LLC and Deloitte Haskins and Sells LLP - for…
NSE Releases Framework For Appointing Forensic Auditors
<!-- -->The forensic auditor with 'Lowest Commercial' or 'L1' shall be appointed, the NSE said.Mumbai: The National Stock Exchange of India has come out with a framework to appoint forensic auditors for assignments relating to the…